Foreign Exchange Insights and Next Week
Next Week’s Menu: March 18-24, 2023
March 17, 2023
Central Banks: Monetary policy reviews are scheduled in the United States (with quarterly updated forecasts), the U.K., Iceland, China, Switzerland, Norway, Turkey and the Philippines. Fed Chairman Powell and Bank of England Governor Bailey hold press conferences. Minutes of the last Reserve Bank of Australia board meeting and a summary of the last Bank of […] More
New Overnight Developments Abroad - Daily Update
A $30 Billion Rescue Package for First Republic Alleviates But Doesn’t End Investor Uneasiness about the Banking System
March 17, 2023
Helped by news that 11 large U.S. banks had put together $30 billion to avoid the failure of First Republic, equities in the Pacific Rim climbed Friday by 1.2% in Japan and New Zealand, 1.6% in Hong Kong, 1.5% in Taiwan, 1.7% in Indonesia, 0.8% in South Korea, 0.7% in China and 0.6% in India. […] More
